CEO compensation and various measures of firm size, health insurers compared with all companies in sample, in millions, 2002–2016
| Year | Firms | Average CEO compensation | Average net income | Average sales | Average market value |
|---|---|---|---|---|---|
| All firms | |||||
| 2002 | 171 | $8.2 | $517 | $40,232 | $44,600 |
| 2003 | 180 | $11.4 | $2,693 | $40,553 | $51,771 |
| 2004 | 205 | $14.0 | $2,609 | $40,249 | $50,049 |
| 2005 | 227 | $15.2 | $2,729 | $40,056 | $46,053 |
| 2006 | 249 | $23.7 | $3,281 | $40,526 | $48,090 |
| 2007 | 306 | $21.6 | $2,185 | $38,753 | $42,149 |
| 2008 | 307 | $13.9 | $802 | $37,009 | $26,586 |
| 2009 | 271 | $11.9 | $1,475 | $37,236 | $33,319 |
| 2010 | 295 | $14.4 | $2,503 | $38,060 | $36,286 |
| 2011 | 310 | $15.9 | $2,590 | $38,804 | $33,793 |
| 2012 | 319 | $22.8 | $2,563 | $37,574 | $37,464 |
| 2013 | 331 | $18.0 | $3,174 | $36,008 | $44,422 |
| 2014 | 350 | $20.3 | $2,613 | $34,471 | $47,593 |
| 2015 | 332 | $20.5 | $2,536 | $34,217 | $48,789 |
| 2016 | 335 | $18.1 | $2,612 | $33,435 | $52,010 |
| Health insurers | |||||
| 2002 | 5 | $8.3 | -$86 | $25,860 | $15,491 |
| 2003 | 7 | $25.4 | $1,170 | $23,834 | $19,013 |
| 2004 | 7 | $23.9 | $1,542 | $24,320 | $27,968 |
| 2005 | 7 | $15.3 | $2,017 | $29,782 | $38,604 |
| 2006 | 7 | $33.6 | $2,143 | $36,181 | $33,486 |
| 2007 | 8 | $25.3 | $2,081 | $34,240 | $32,933 |
| 2008 | 8 | $6.5 | $1,342 | $35,064 | $14,544 |
| 2009 | 8 | $21.8 | $1,955 | $37,054 | $17,088 |
| 2010 | 8 | $23.0 | $2,038 | $37,172 | $17,568 |
| 2011 | 8 | $17.2 | $1,896 | $37,449 | $18,748 |
| 2012 | 9 | $21.1 | $1,878 | $36,516 | $17,253 |
| 2013 | 9 | $14.0 | $1,874 | $39,629 | $23,555 |
| 2014 | 10 | $20.3 | $1,681 | $39,729 | $25,045 |
| 2015 | 10 | $21.2 | $1,764 | $44,788 | $28,790 |
| 2016 | 9 | $21.2 | $2,051 | $54,307 | $37,020 |
Notes: CEO compensation reflects salary, bonuses, the value of amounts earned during the year pursuant to nonequity incentive plans, changes in pension value and nonqualified deferred compensation earnings, options exercised, the value of restricted shares that vested during the year, and other compensation. Compensation values reflect Compustat's TOTAL_ALT2 series. All values are in 2017 dollars.
Source: Authors' analysis of data from Compustat's ExecuComp database.
This chart appears in:
Previous chart: « High-wage earners have continued to pull away from everyone else in the 2000s: Cumulative percent change in real hourly wages, by wage percentile, 2000–2017
Next chart: No evidence that the cap on deductibility has affected CEO compensation: Various specifications »